Title:  Sr Audit Manager, Global Transaction Banking Audit

Requisition ID: 242774  

We are committed to investing in our employees and helping you continue your career at Scotiabank. 

The Senior Audit Manager leads and oversees the internal audit activities in support of the Global Transaction Banking (GTB) Audit Department in executing on its global mandate, ensuring business strategies, plans and initiatives and all audit activities are conducted / executed / delivered in compliance with governing regulations, internal policies, and procedures.

Is This Role Right for You? In this role, you will:
• Lead and drive a client-focused culture throughout the team to deepen client relationships and leverage broader Bank
relationships, systems, and knowledge.
• Lead and manage end-to-end audits for GTB business, including planning, execution, and reporting.
• Develop and maintain a thorough understanding of GTB products, services and regulatory requirements.
• Provide strategic insights and recommendations to enhance the effectiveness and efficiency of GTB processes.
• Act primarily as Officer in Charge (OIC) for assigned projects, processes, and units or participate as a team member under the direction of the OIC; may act as Audit Principal in some low to medium complexity assignments.
• Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Assist in the development and execution of a comprehensive and strategic audit plan, ensuring auditable entities remain within cycle; may also execute assigned audit activities independently as a team member under the direction of the OIC on assignment.
• Conduct ongoing monitoring activities to stay abreast of changes (best practices/business/industry trends/regulatory), emerging risks, and themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan; develop and analyze strategies/audit procedures to ensure the organization stays ahead of the curve in response to internal and external changes.
• Lead the execution, planning, and reporting on assigned audit projects; obtain a thorough understanding of the business/unit/process and associated risks, develop risk-based audit planning documents/procedures, and schedules timing and resources; prioritize activities and exercise problem-solving skills in audit projects based on risks and tasks assigned in a timely manner.
• Manage and supervise the end-to-end process of the execution of the audit and ensure the nature and extent of testing is appropriate to support the objective, scope, and overall opinion; complete timely review of workpapers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management.
• Ensure audit results are gathered, determines the root cause of the problem and the associated impact and report; accordingly, confirm the audit results with the auditee; present an overview of the audit results and findings to line management; follow-up for corrective action/progress against any reported issues, escalating where necessary.
• Ensure audit reports are written to a consistent high standard and are finalized within established department metrics.
• Carry out specific projects or investigations of a moderate or high complexity and/or confidential nature; plan, document, and seek agreement in advance to the project approach and confirm conclusions upon completion in writing.
• Proactively anticipate client pain points to drive innovative recommendations and ensure organizational agility.
• Lead collaborative efforts across teams, ensuring alignment toward shared objectives and driving collective success.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and managing succession and development planning for the team.
• Accountable for specific audit work with a focus on GTB or related areas.
• Support continuous monitoring and identifying emerging risks/themes within the audit universe and assessing impact on the audit plan.
• Experience with continuous auditing techniques (Co-pilot, Alteryx) and data analytics to drive informed decision-making.
• Demonstrate exceptional analytical abilities to assess complex situations and identify key issues.
• Utilize strong problem-solving skills to develop effective solutions and strategies.
• Audit projects may involve other countries/regions.
• Audit projects vary in complexity and number.
• Present information for areas of specialization or information obtained in training programs and external courses to other team members.
• Provide trusted advice, insight, and counsel to business lines/product groups/risk management.

Do You Have the Skills?
• University/Post secondary degree in Business, Finance, Economics, Accounting, or equivalent; relevant Audit or business certifications.
• At least 5+ years of relevant experience.
• Highly proficient at applying risk-based auditing standards, practices, techniques, processes and methodologies to performance and review of audits.
• Working knowledge of GTB and regulatory environments of each of the audit units globally, as required for specific areas of assigned responsibility.
• Ability to execute and supervise multiple projects at any given time.
• Highly developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels and communicate confidently.
• Adopt a risk-based approach to planning and execution, leveraging data analytics, technology, and innovation.
• Strong people management and coaching/development skills.
• Strong analytical skills and proficiency in the use of data analytic or visualization tools to obtain the right data, organize it, and analyze for patterns to provide risk insights and enhanced assurance.
• Curiosity mindset that includes asking questions, challenging the status quo, and engaging with diverse points of view.
• Proven ability to work at high levels of ambiguity and in a rapidly changing environment.

What’s In It for You?
• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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